RE:RE:Canadian LP'sIt’s unfortunate that you feel that I throw jabs at mgmt. Quite the contrary, for a start-up they’ve done a great job navigating a gong-show in Cali. I’m sure they’ll do similarly well in Canada’s equally embarrassing roll-out. If I am putting fear in others then perhaps it’s the voice of reason. There is a big difference between excitement and exuberance. Seeing lots of exuberance. I’m just trying to gauge where everyone’s head is at and perhaps learn things I may have missed from likeminded.
Current FACTS (not wishes) if share price hits all time high with Canadian LP announcement as many here feel would be justified.
$2.00 per share = approx $220 million market cap
$220,000,000 / $9 average wholesale per bottle = 24,500,000 units
Our current build out (I’ll even give you the license) is 15,000,000 units.
9,000,000 units short.
That production number - to hit $2.00/share - is 160% of our current build capacity. What’s more, our current run rate is approx 4% of capacity. In order to hit 24,500,000 units we would need 4,100% growth! That’s a very big target. It’s an achievable target too but it will take a while and 2 Canadian LP’s will help but aren’t the instant unit growth that many think.
This isnt fear-mongering. These are facts. I’m in know rush. It took Cott many years. It may take Tinley several more too. I’m really comfortable with that. As I said, just curious what I might be missing as several members feel there is a substantial re-rating around the corner.
That is all.